Overview > 1. Why HuHot?  > 2. Support > 3. Opportunities > 4. Qualifications & Fees > 5. How To Apply > F.A.Q.

 

Qualifications & Fees

You won’t need anywhere near as much to open a HuHot franchise as you would for a typical full-service restaurant. Opening a HuHot typically requires:

  • Minimum net worth of $1 million
  • Unencumbered liquid net worth of $300,000 to $500,000
  • Ability to finance an additional $300,000 to $500,000
  • Restaurant experience 

 Mongolian Grill Exterior

Type of Expenditure

Low

High

Initial Franchise Fee

$35,000

$35,000

Training

$4,000

$6,000

Tenant Improvements

$400,000

$500,000

Furniture, Fixtures, Equipment, Signs

$225,000

$250,000

Opening Inventory, Supplies, Store Opening Materials

$40,000

$60,000

First Month’s Rent and Security Deposit

$15,000

$30,000

Insurance

$5,000

$10,000

Prepaid Expenses, Deposits

$3,000

$6,000

Professional Fees

$20,000

$30,000

Additional Funds – 3 months

$30,000

$50,000

TOTALS

$777,000

$977,000


RFI
  Next


None of the communications made through this web page should be construed as an offer to sell any HuHot Mongolian Grills, LLC franchises in, nor is any such communication directed to, the residents of any jurisdiction requiring registration of the franchise before it is offered and sold in that jurisdiction. No HuHot Mongolian Grill, LLC franchises will be sold to any resident of such jurisdiction until the offering has been exempted from the requirements of, or duly registered in and declared effective by, such jurisdiction and the required Franchise Disclosure agreement (if any) has been delivered to the prospective franchisee before the sale in compliance with applicable law. If you have any questions concerning the registration status of franchises in your jurisdiction, please contact our Franchise Development department.